Qantas Airways
QAN.AX
#1928
Rank
C$11.87 B
Marketcap
$7.85
Share price
-2.02%
Change (1 day)
63.21%
Change (1 year)

P/E ratio for Qantas Airways (QAN.AX)

P/E ratio at the end of 2022: -14.5

According to Qantas Airways 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.3494. At the end of 2022 the company had a P/E ratio of -14.5.

P/E ratio history for Qantas Airways from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-14.5119.36%
2021-6.6062.29%
2020-4.06-128.86%
201914.1-5.29%
201814.9-10.31%
201716.6120.82%
20167.51-51.56%
201515.5-1588.22%
2014-1.04-100.16%
2013665-6937.5%
2012-9.72-163%
201115.4-71.47%
201054.122.11%
200944.3557.57%
20086.74-62.36%
200717.911.85%
200616.027.66%
200512.5-16.02%
200414.9-40.2%
200325.01.79%
200224.550.99%
200116.2

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.